Watsonia North VIC 3087

Here you can find what you need to know about Watsonia North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$729k Median Sale Price (National Average $485k) 248th In VIC
-8.91% Median Price Change (1 yr) (National Average 4.30%) 2524th In VIC
$430pw Median Rent (National Average $395) 259th In VIC
3.1% Median Gross Yield (National Average 4.24%) 436th In VIC
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Properties sold 34
Average discounting -4.47%
Average Days on Market 29
Stock on Market 5 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Watsonia North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Watsonia North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Watsonia North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Watsonia North


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Latest Auction Results for Watsonia North as at 25 August 2019

Property Details
Sale Price
3Bed / 1Bath / Car / House
$680,000
3Bed / 1Bath / Car / House
$680,000

State Auction Clearance Rates - August 2019

Auctions Clearance rate
VIC 649 81%
ACT 74 69%
NSW 487 86%
NT 6 0%
QLD 93 72%
SA 54 72%
TAS 2 100%
WA 20 62%

Local Schools


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Suburb Information

Watsonia North, VIC 3087

Part of: Banyule Council No data available

The size of Watsonia North is approximately 1.5 square kilometres. It has 9 parks covering nearly 8.6% of total area. The population of Watsonia North in 2011 was 3,845 people. By 2016 the population was 3,834 showing a population decline of 0.3% in the area during that time. The predominant age group in Watsonia North is 30-39 years. Households in Watsonia North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia North work in a professional occupation. In 2011, 86.5% of the homes in Watsonia North were owner-occupied compared with 85.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Watsonia North

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Watsonia North   for Houses in last 12 months


There have been 34 Houses sold in Watsonia North in the past 12 months with a median sale price of $729K, up -8.91% annually. It takes on average 29 days to sell with vendor discounting of -4.47%.

Streets in Watsonia North


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Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Watsonia VIC, 3087 -12.83% $723,500 $420pw 3.0% View Suburb Profile
Bayswater VIC, 3153 -11.51% $715,000 $420pw 3.0% View Suburb Profile
Bundoora VIC, 3083 -6.85% $700,000 $430pw 3.2% View Suburb Profile
Macleod VIC, 3085 2% $892,500 $440pw 2.6% View Suburb Profile
Greensborough VIC, 3088 -7.89% $770,000 $480pw 3.2% View Suburb Profile
Valentine NSW, 2280 2.68% $765,000 $520pw 3.5% View Suburb Profile